The petroleum sector is characterized by substantial rents when discovered and developed. However, such rents are inherently volatile and finite. The effects of these returns to the economy especially for the emerging markets depend on how well such revenues are collected and managed. The purpose of this brief is to examine the effectiveness of the current fiscal regime and its contractual implications. The investor and the government may have different objectives in the development of gas fields. With the current fiscal regime, a prospective investor can satisfy the objective of obtaining substantial profits from gas exploitation with an internal rate of return above the market discount rate of 10%. With proper tax administration, the government is able to maintain the current tax rates at the same time encourage exploration and development of fields which are commercially viable before and after tax. By analysing the 2013 Model Production Sharing Agreement the author shows that with varying gas prices and costs of investments the current rent collecting system is progressive. Amidst the declining oil prices in the world market, a debate has emerged whether the Tanzanian fiscal regime is too tight or not and how it may affect Investments in the sector.
Tanzania has achieved sustained rates of economic growth for the past ten years and is moving towards middle income status. Maintaining these gains while ensuring that development is inclusive is a core objective of the second National Five-Year Development Plan which places industrialisation as the key pillar of national development strategy. Capturing value through agro-processing, […]
Hii ni taarifa fupi itokanayo na utafiti wa kitaalam kuhusu mchango wa mfumo rasmi na usiorasmi wa elimu, na upatikanaji wa ardhi na mikopo kwa uzalishaji kwenye kilimo Tanzania katika maeneo ya vijijini. Uchambuzi uliofanywa unasisitiza umuhimu wa elimu rasmi na ile isiyo rasmi, upatikanaji wa ardhi, na uzoefu wa muda mrefu wa stadi za […]
Mabadiliko ya Kitaasisi na Vikwazo vya Ushindani Kwenye Masoko: Tafiti Kuhusu Wakulima Wadogo Tanzania
Historia ya sera nchini Tanzania imekuwa ni ya mabadiliko ya mara kwa mara ambayo lengo lake limekuwa ni kuongeza ufanisi na uzalishaji katika sekta muhimu za uchumi. Dokezo hili linatoa muhtasari wa kitabu kilichotokana na utafiti uliochunguza uwezo wa mabadiliko mbali mbali ya sera kuiongezea sekta ya kilimo, hususan wakulima wadogo, nguvu ya ushindani katika […]
A case study of Civic Engagement in Water and Sanitation in Tanzania This brief snapshot key findings from an explanatory qualitative case study that examined the role of civic engagement (CE) in the evolving systems for providing water and sanitation (WATSAN) services in Tanzania. This issue is timely because after more than a decade of […]